we have new comments from nancy pelosi on the fiscal cliff today. let's listen to that. >> would you accept a deal that does not include tax rate increases for the wealthy. we have seen a possible compromise that would leave rates the same but cap deductions for top earners? >> no. the president made it clear there are not enough -- what you described is a formula and a blueprint for hampering our future. >> what do you think? does this mean a deal will not get done? >> i think there is desire on both sides to get a deal done. that doesn't mean we will see one. both sides are taken the election to mean that the american people want action. the president has taken it to mean the american people endorsed his so-called balanced approach to balancing the budget. and we saw spirited koopg with the leaders coming out after the meetening a now they mr. get down to the details where to make cuts and revenue increases and can do you do it by just closing loopholes, is that enough or do you have to talk about tax rates in particular think tax rating for the w